Bicycle Market- Global Industry Analysis and Forecast (2022- 2029)

1. Global Bicycle Market is anticipated to reach US$ 94.25 Bn by 2029 from US$ 54.44 Bn in 2021 at a CAGR of 7.1% during a forecast period. Bicycle Market Overview: The global market report provides Key trends that are clearly and compactly summarised. The foremost current analysis on the market perceives and assesses competitive threats and arranges company strategies with our analysis, insight and assured growth projections. The report further states market size, market share and it also focuses on global, regional and company levels. To remain ‘ahead’ of your competitors, request for a sample: https://www.maximizemarketresearch.com/request-sample/20033 Market Scope: The report helps in understanding clients’ interests what quantity do your potential clients’ pay annually on the categories of product or services you intend to supply and the way massive is that the potential marketplace for your business. The MMR analysis additionally aids within the comprehension of the Bicycle Market dynamics and structure by finding out market segments and predicting market size. The analysis is an associate investor's guide as a result of it clearly depicts a competitive analysis of key corporations within the Market by sort, price, condition, product portfolio, growth plans, and regional presence. COVID-19 Impact Analysis on Bicycle Market: COVID-19 presented the world with associated new economic, humanitarian, and tending challenges. The rapid unfolding of the sickness has crystal rectifier to a major impact on the worldwide market, with a worsening in demand for brand new and recent vehicles. Moreover, throughout the tip of

2. 2021, matters came up to speed in some countries, the demand & supply gap was fulfilled, leading to progressive growth. Bicycle Market Segment: With% of the market, the electric bike category dominated the market by type in 2021. This is because electric motorcycles are becoming more and more popular in important nations like Japan, China, the United States, and the Netherlands. This is so that hauling heavy loads and travelling about are made easier by electric motorcycles. As a result, the postal service is converting to using electric bikes for transportation. Additionally, these bicycles help with punctual arrival at the destination, petrol cost savings, and weight reduction. The bicycle market in these nations is expanding as a result of this growth. Additionally, since electric motorcycles offer better speed control and anti-theft capabilities, their debut has completely changed the market. Electric bikes require the least effort and time, which is anticipated to boost market expansion. The market for electric bikes is anticipated to grow as a result of the launch of several online booking platforms, including Yulu, Uber Bike, Ola Bike, and others. In established European nations like Germany, Denmark, and the Netherlands, there is a good infrastructure for cycling. The Netherlands topped the electric bicycle market in Europe in 2021, accounting for 20% of all sales. Bicycle Market Key players: • Giant Bicycles Inc. • Atlas Cycles Ltd • Derby Cycle Holding GmbH • Trek Bicycle Corporation • Avon Cycles Ltd. • Zhonglu Co., Ltd • Accell Group N.V. • Tube Investments of India Limited • Dorel Industries Inc. • Merida Industry Co., Ltd • Tandem Group plc • Samchuly Bicycle Co., Ltd • F.I.V.E. Bianchi S.p.A • Specialized Bicycle Components • Hamilton Industries Pvt. Ltd For critical insights on this market, request for methodology here: https://www.maximizemarketresearch.com/request-sample/20033 Reasons to Purchase Bicycle Market Report: 1. Necessary changes in Bicycle market dynamics 2. What is the market situation in different countries according to regional analysis? 3. Current and way forward for market outlook within the rising and emerging markets. 4. Analysis of different aspects of the market with the help of Porter's five forces analysis. 5. The segment that is expected to dominate the market. 6. Identify the latest developments, global market shares, and strategies employed by the major market players. 7. Former, ongoing, and projected market analysis in terms of volume and value Besides, the market study affirms the leading players worldwide within the market. Their key promoting strategies and advertising techniques have been to supply a transparent understanding of the market. Regional Analysis: Geographically, this report is segmented into several key Countries, with market size, growth rate, import and export of Bicycle market in these countries, which covers North America (U.S., Canada, Mexico), Europe (UK, Germany, France, Spain, Italy, Rest of Europe) Asia Pacific (China, India, Japan, Australia, South Korea) ASEAN Countries, Rest of APAC, South America (Brazil), Africa, and the Middle East.

3. About us MMR is the dominant business solution provider, gives discourse and data-centric analysis services to its customers across the world. The firm assists its customers to strategize business policies and achieve market growth in their various domains. The business provides consulting services, syndicated analysis reports and customized analysis reports. MAXIMIZE MARKET RESEARCH PVT. LTD. 3rd Floor, Navale IT Park Phase 2, Pune Bangalore Highway, Narhe, Pune, Maharashtra 411041, India. Email: sales@maximizemarketresearch.com Website: www.maximizemarketresearch.com